If you are pregnant, then make sure you secure the right life insurance before the baby arrives.
There are certain stages in life when life insurance becomes necessary. Having a baby is one of those major changes that indicate that it’s time to secure a life policy. But what do you need to know to secure life insurance as a pregnant woman? Read on to find out.
- Do I really need life insurance?
Yes; while you might hate to think about it, death is a risk that we all face. If you do not want your little one to face financial hardship or your loved ones to shoulder your financial burdens, then it’s vital that you secure the right life insurance to cover your debts, lost income, and pay for child-rearing costs.
- When should I secure life insurance?
Pregnant women are best off securing life insurance during their first or second trimester. If you try to secure life insurance later on in your term, then you may have a difficult time finding a policy that you can afford. This is because heavily pregnant women are more prone to serious health conditions and, the higher your risk for life-threatening health conditions, the higher your insurance costs will be.
- What type of insurance should I get?
There are a lot of life insurance options out there, so it’s important to research the different types of policies to see which option best fits your needs and your budget. Oftentimes, parents go with term life insurance policies because they are the most straight-forward and affordable form of life insurance coverage. If you are not sure which policy type is right for you, then consult with an experienced agent today.
This is what you need to think about when securing life insurance during your pregnancy. Interested in speaking to a trusted life insurance agent? If so, then contact the experts at Randy Jones Insurance Services in Pleasanton, California. We are ready to assist you with all your life insurance needs today.